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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:06 EDTPII, ACATArctic Cat, Polaris rise after analyst says shares attractive
Winter vehicle makers Arctic Cat (ACAT) and Polaris Industries (PII) are rising after KeyBanc analyst Scott Hamann wrote that demand for the company's products has increased in some regions of the country. Moreover, the increase in demand has occurred in regions that are more important to the companies, Hamann wrote in a note to investors earlier today after speaking with dealers. Concerns about weak snowfall and potentially slowing snow plow sales have created an attractive risk/reward ratio in the stocks, the analyst added. In fact, plow demand appears to be solid, and Arctic Cat and Polaris are both gaining share in the market, wrote Hamann, who maintained Buy ratings on Arctic Cat and Polaris. In early trading, Arctic Cat rose 2.65% to $37.97, while Polaris added 0.66% to $80.90
News For ACAT;PII From The Last 14 Days
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November 14, 2014
06:31 EDTACATArctic Cat hires Christopher Metz as CEO and President effective December 3
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November 12, 2014
17:31 EDTPIIPolaris Industries acquires Pro Armor
Polaris Industries announced the acquisition of certain assets of LSI Products and Armor Holdings, privately-held Riverside, Calif.-based companies that design, develop, manufacture, source, sell and distribute accessories for performance side-by-side vehicles and ATV markets under the Pro Armor brand. This acquisition adds Pro Armor to Polaris’ growing parts, garments and accessories business. The terms of the transaction were not disclosed. Pro Armor will continue to operate as a distinct brand and the operations will remain in Riverside. Both Polaris and Pro Armor will continue to develop independent product plans while leveraging development, sourcing and distribution capabilities.

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